- Winmark Corp (NASDAQ:WINA) announced the issuance of $30.0 million of 3.18% Senior Secured Notes due 2028.
- The company intends to use the proceeds for general corporate purposes, including share repurchases and dividends.
- The financing was provided by affiliates of PGIM Inc (formerly Prudential Investment Management) under its existing note agreement.
- Winmark held $7.2 million in cash and equivalents as of June 30, 2021.
- Price Action: WINA shares are trading higher by 0.50% at $202.01 on the last check Friday.
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